Lanco Industries can go up by 15-20%: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on various stocks.

ET Now: What is your call on Lanco Industries?

Mitesh Thacker: Lanco Industries is also going through similar price pattern as GMR if compared chart to chart. They have fallen a lot and now they are getting beyond their short term moving averages. There is a trading definitely happening there. So, Lanco may go up by 15-20% which is broadly about Rs 1.5-2. That is very much possible.